SHE:000026 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	746.97	624.11	512.8	504.98	315.87	211.09
Short-Term Investments	-	49.51	81.79	-	-	-
Cash & Short-Term Investments	746.97	673.62	594.6	504.98	315.87	211.09
Cash Growth	52.45%	13.29%	17.75%	59.87%	49.64%	-40.05%
Accounts Receivable	295.7	263.49	289.76	341.41	337.51	450.14
Other Receivables	52.21	0.59	3.32	4.4	7.67	5.83
Receivables	347.91	264.08	293.08	345.81	345.18	455.97
Inventory	1,586	1,728	1,984	2,101	2,141	2,050
Restricted Cash	-	7.13	6.15	1.2	0.72	1.72
Other Current Assets	121.05	72.37	73.74	130.6	120.78	133.81
Total Current Assets	2,802	2,745	2,952	3,083	2,924	2,853
Property, Plant & Equipment	404.91	416.15	476.01	465.24	474.96	497.43
Long-Term Investments	46.44	46.44	50.91	51.86	58.27	55.24
Other Intangible Assets	31.59	31.72	31.57	31.66	33.2	34.04
Long-Term Deferred Tax Assets	93.59	90.73	82.16	80.23	95.78	81.23
Long-Term Deferred Charges	79.82	89.17	110.21	122.32	144.49	163.79
Other Long-Term Assets	308.02	314.03	304.79	369.69	386.57	426.11
Total Assets	3,766	3,733	4,008	4,204	4,117	4,111
Accounts Payable	71.73	94.79	114.88	171.65	171.54	253.38
Accrued Expenses	54.53	153.48	187.02	161.9	192.36	206.68
Short-Term Debt	11.01	-	124.09	250.19	290.24	265.99
Current Portion of Long-Term Debt	50.41	-	-	-	-	3.92
Current Portion of Leases	-	57.04	63.54	66.4	71.55	83.03
Current Income Taxes Payable	60.74	12.88	11.54	21.28	16.75	15.66
Current Unearned Revenue	11.03	27.82	24.39	22.55	33.8	33.53
Other Current Liabilities	91.69	31.43	50.34	126.8	156.04	163.21
Total Current Liabilities	351.15	377.45	575.79	820.77	932.28	1,025
Long-Term Leases	15.82	17.89	35.07	43.53	41.64	64.92
Long-Term Unearned Revenue	-	-	-	0.95	1.3	1.79
Long-Term Deferred Tax Liabilities	1.23	1.52	4.99	5.21	5.5	5.24
Total Liabilities	368.2	396.86	615.85	870.46	980.72	1,097
Common Stock	405.76	405.76	405.76	415.22	417.63	426.05
Additional Paid-In Capital	935.61	921.6	912.74	968.26	969.67	1,010
Retained Earnings	2,033	1,968	2,043	1,985	1,755	1,613
Treasury Stock	-	-	-12.82	-78.65	-50.76	-60.59
Comprehensive Income & Other	23.95	41.63	43.62	44.45	45.17	24.2
Total Common Equity	3,398	3,337	3,392	3,334	3,136	3,013
Shareholders' Equity	3,398	3,337	3,392	3,334	3,136	3,013
Total Liabilities & Equity	3,766	3,733	4,008	4,204	4,117	4,111
Total Debt	77.24	74.94	222.69	360.11	403.43	417.86
Net Cash (Debt)	669.73	598.68	371.91	144.86	-87.55	-206.78
Net Cash Growth	97.34%	60.98%	156.73%	-	-	-
Net Cash Per Share	1.65	1.48	0.91	0.35	-0.21	-0.48
Filing Date Shares Outstanding	405.72	405.76	405.76	405.86	417.63	426.05
Total Common Shares Outstanding	405.72	405.76	405.76	405.86	417.63	426.05
Working Capital	2,451	2,368	2,376	2,262	1,992	1,827
Book Value Per Share	8.38	8.22	8.36	8.21	7.51	7.07
Tangible Book Value	3,366	3,305	3,360	3,302	3,103	2,979
Tangible Book Value Per Share	8.30	8.14	8.28	8.14	7.43	6.99
Buildings	-	509.81	515.52	-	-	-
Machinery	-	244.93	239.25	238.7	225.08	215.45

Source: S&P Global Market Intelligence. Standard template. Financial Sources.